FG urged to back NIGCOMSAT to unlock N8bn satellite revenue
Nigeria’s satellite broadband market could witness a major turnaround if the federal government introduces bold policy reforms and fully supports the Nigerian Communications Satellite Limited (NIGCOMSAT). This was the consensus at a satellite industry roundtable in Lagos, where stakeholders and marketers called for urgent steps to reposition the underutilized national operator. Despite broadband penetration in Nigeria rising from 35% in 2023 to 75% in 2025, NIGCOMSAT operates at just 7% of its capacity, leaving 93% idle. Yet, according to its Managing Director, Jane Egerton-Idehen, the company has the infrastructure and ambition to generate ₦8 billion in revenue within three years. Call for strategic policy shift Industry leaders at the meeting argued that one of NIGCOMSAT’s biggest challenges is its perception as a government bureaucracy rather than a commercial technology player. They urged the federal government to mandate all ministries, departments, […]